Excerpt from: CFDs & Spread Bets
|
 |
| June 12, 2008 | | Placing spread bets on oil prices | Financial spread betting strategy should consider that oil prices are dropping a bit again. However, this does not mean that the overall trend is weakening for oil. Indeed, oil has been through several "mini corrections" in the last few weeks, always moving higher overall. CNN Money reports on oil prices:
"Even though there is a little bit of pullback this morning, the
underlying sentiment is probably bullish in the near term due to
concerns in the supply side," said David Moore, commodity strategist
with the Commonwealth Bank of Australia in Sydney. | Topic Tags: commodities, financial spread betting, oil prices, placing spread bets, spread bets oil prices, spread betting, spread betting oil prices | |
|
|
